Attached files
| file | filename |
|---|---|
| EX-32.0 - EXHIBIT 32.0 - MATTEL INC /DE/ | ex3202017k.htm |
| EX-31.1 - EXHIBIT 31.1 - MATTEL INC /DE/ | ex3112017k.htm |
| EX-31.0 - EXHIBIT 31.0 - MATTEL INC /DE/ | ex3102017k.htm |
| EX-23.0 - EXHIBIT 23.0 - MATTEL INC /DE/ | ex2302017k.htm |
| EX-21.0 - EXHIBIT 21.0 - MATTEL INC /DE/ | ex2102017k.htm |
| EX-10.18 - EXHIBIT 10.18 - MATTEL INC /DE/ | ex10182017k.htm |
| 10-K - 10-K - MATTEL INC /DE/ | mat1231201710-k.htm |
EXHIBIT 12.0
MATTEL, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
For the Year | ||||||||||||||||||||
(Unaudited; in thousands, except ratios) | 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||
(Loss) Earnings Available for Fixed Charges: | ||||||||||||||||||||
(Loss) income from continuing operations before income taxes | $ | (504,987 | ) | $ | 409,742 | $ | 463,915 | $ | 586,910 | $ | 1,099,128 | |||||||||
Add: | ||||||||||||||||||||
Interest expense | 105,214 | 95,118 | 85,270 | 79,271 | 78,505 | |||||||||||||||
Appropriate portion of rents (a) | 45,799 | 36,708 | 38,297 | 40,291 | 37,006 | |||||||||||||||
(Loss) earnings available for fixed charges | $ | (353,974 | ) | $ | 541,568 | $ | 587,482 | $ | 706,472 | $ | 1,214,639 | |||||||||
Fixed Charges: | ||||||||||||||||||||
Interest expense | $ | 105,214 | $ | 95,118 | $ | 85,270 | $ | 79,271 | $ | 78,505 | ||||||||||
Appropriate portion of rents (a) | 45,799 | 36,708 | 38,297 | 40,291 | 37,006 | |||||||||||||||
Fixed charges | $ | 151,013 | $ | 131,826 | $ | 123,567 | $ | 119,562 | $ | 115,511 | ||||||||||
Ratio of (loss) earnings to fixed charges | (b) | X | 4.11 | X | 4.75 | X | 5.91 | X | 10.52 | X | ||||||||||
(a) | Portion of rental expenses which is deemed representative of an interest factor, which is approximately one-third of total rental expense |
(b) | (Loss) earnings available for fixed charges for the year-ended December 31, 2017 were inadequate to cover fixed charges by $505.0 million. |